Pakistan is likely to make announcement to review petroleum prices ahead of scheduled date of January 31, 2023 considering the long queue at fuel stations fearing massive price hike.
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You can go through stories related to energy. The stories are about changes in petroleum prices and updates on energy sector of Pakistan and world.
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New petrol price may go up to PKR 309 per liter in Pakistan
New petrol price may go up to PKR 309 per liter in Pakistan following steep fall in rupee value and expected imposition of sales tax on petroleum products.
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Pakistan may massively increase petroleum prices under IMF pressure
Pakistan may announce a massive increase in petroleum prices in order to meet the conditions set by the International Monetary Fund (IMF).
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K-Electric files suit against former member seeking Rs5 billion damages
KARACHI: K-Electric has filed a suit before Sindh High Court against a former member of Board of Directors demanding Rs5 billion as damages.
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K-Electric seeks highest ever reduction in power bills
KARACHI: K-Electric has requested NEPRA to pass a reduction of PKR 10.26 per unit in customer bills under Fuel Charges Adjustment (FCA) for the month of December 2022.
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Pakistan decides not to increase petroleum prices till Jan 31
ISLAMABAD: Pakistan on Sunday decided not to increase the prices of petroleum products till January 31, 2023.
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Engro LNG terminal helps Pakistan to save over $3 billion through import substitution
KARACHI: Engro LNG Terminal has helped Pakistan to save around $3 billion through import substitution of furnace oil, according to a statement issued Thursday.
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Mari Petroleum announces gas discovery in Sindh province
KARACHI: Mari Petroleum Company Limited (MPCL) on Monday announced gas discover in Sindh province.
In a communication sent to Pakistan Stock Exchange (PSX), the company said it had made a gas discovery at its exploratory well Mari Ghazij-1, located in Mari D&PL in Sindh Province.
MPCL is the Operator of Mari D&PL with 100 per cent working interest.
The well was spud-in on November 24, 2022 and successfully drilled down to the depth of 1,015 meters.
The gas flow rate established through Drill Stem Test (DST) is 5.1 Million Standard Cubic Feet Per Day (MMSCFD) with Wellhead Flowing Pressure (WHFP) of232 Pounds Per Square Inch (Psi) at 64/64 inch choke size.
The company plans to appraise the discovery to prove its extent and, in parallel, evaluate its development options.
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K-Electric fails to improve power generation: NEPRA Chief
KARACHI: Touseef Hassan Farooqi, Chairman, National Electric Power Regulatory Authority (NEPRA) has said that K-Electric failed to improve power generation.
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ECC allows release of Rs10 billion subsidy, bank guarantee for LNG
ISLAMABAD: Economic Coordination Committee of the Cabinet (ECC) on Tuesday allowed release of Rs10 billion as subsidy and government bank guarantee up to Rs50 billion for Liquefied Natural Gas (LNG).
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